JF1785: Side Hustle Nets $7.5M In Real Estate In 10 Years with Matt Spangenberg

<p><span style="font-weight: 400;">Matt shares his Best Ever Advice with us, which includes his first rental property that he was cash flowing over $1k per month. He used the equity he had from his personal property, which was obtained through working as much as possible to make money and pay down his mortgage. When he found out he could use that equity to purchase property, Matt knew real estate was a business he could scale. If you enjoyed today’s episode remember to subscribe in iTunes and leave us a review!</span></p> <p><strong>Best Ever Tweet:</strong></p> <p><span style="font-weight: 400;">“I spent a year of my life just working as much as possible and saving money” - Matt Spangenberg</span></p> <p><strong>Matt Spangenberg Real Estate Background:</strong></p> <ul> <li style="font-weight: 400;"><span style="font-weight: 400;">36 year old real estate investor who started from nothing</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Used a HELOC to do 30 BRRRR deals</span></li> <li style="font-weight: 400;"><span style= "font-weight: 400;">Acquired $7.5 Million in real estate over the last decade as a side hustle</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Owns 51 units with 7 closing next month</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Based in Pennsylvania</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Say hi to him at karleyinvestmentholdingsATgmail.com</span></li> <li style="font-weight: 400;"><span style="font-weight: 400;">Best Ever Book: Never Split The Difference</span></li> </ul> <p><span style="font-weight: 400;">Evicting a tenant can be painful, costing as much as $10,000 in court costs and legal fees, and take as long as four weeks to complete.   </span></p> <p><span style="font-weight: 400;">TransUnion SmartMove’s online tenant screening solution can help you quickly understand if you’re getting a reliable tenant, which can help you avoid potential problems such as non-payment and evi